living situations

christy Posted: Nov 05, 2005 08:22 PM

living situations

Just curious, after you get married will you be living in an apartment, co-op, condo, or a house? How many of you are buying homes vs. renting?

MrsH1156 Posted: Nov 05, 2005 08:58 PM

Re: living situations

We already own a home. FH bought it six mos before we met but now it's both of ours.

EJSD2006 Posted: Nov 05, 2005 09:02 PM

Re: living situations

We are definitely going to buy right away. I am firmly against renting...I am a realtor and it kills everytime I see people renting as opposed to buying. For a bit more money monthly you can invest in a piece of real estate and actually get some equity. I already own 2 houses out in Suffolk but don't live there. I want to stay in Nassau for work reasons.

PS girls - it's also better to invest in a house as opposed to a co-op. Alot of co-op boards require a minimum of 10% down which is usually about $15k-$20k and a house gains much more equity over time than a co-op does.

sk1nny27 Posted: Nov 05, 2005 09:09 PM

Re: living situations

i want a house. anyone who is moving to one is LUCKY. i HATE paying rent!! maybe if we get enough wedding $$ we could have a down payment i wish. we'll stay in the apt for now we'll see how it goes

Junebride06 Posted: Nov 05, 2005 09:37 PM

Re: living situations

We also already own a house, but we will probably be looking for something bigger after the wedding.

diluvchu Posted: Nov 05, 2005 10:05 PM

Re: living situations

My FH owns a home and has for several years now. We are actually doing a deed transfer as we speak putting both of our names on title so that the home is 'ours' and not just 'his'.

L&M2006 Posted: Nov 05, 2005 10:43 PM

Re: living situations

We'll continue to live where we do now (mooching off an apt. in his grandfather's house) until we save up some more money. So hopefully a year from now we'll be looking to buy a house or condo or something. We need the wedding money as a jump start

103005FallBride Posted: Nov 05, 2005 10:55 PM

Re: living situations

We've been renting for years so we never had the opportunity to 'stay at home' and save money...so...it looks like renting for a few more years!

JimmysBride Posted: Nov 05, 2005 11:01 PM

Re: living situations

DH bought our home before he proposed. He knew he was going to pop the question so he planned it that way, that we would already have the house. Smart man... I don't think we could have afforded to buy this house now with the way prices are... correction - I know we wouldn't have been able to afford this house.

lrs2005 Posted: Nov 05, 2005 11:57 PM

Re: living situations

DH and I just bought our townhome (exactly 2 months after we got married).

waterspout4 Posted: Nov 06, 2005 02:50 AM

Re: living situations

Unless we decide to rob a bank, I doubt we'll ever own a home here.

Tracy06 Posted: Nov 06, 2005 08:01 AM

Re: living situations

we are in the process of buying a home in Pennsylania.. There is No WAY we could afford a house here..

prinses777 Posted: Nov 06, 2005 08:20 AM

Re: living situations

I am so against renting... When we moved in together... I was adamant that we bought either a condo or co-op. So we bought a co-op.. Obviously we want to move to a house after we get married... but we will see, prices are insane....

lacey&mark Posted: Nov 06, 2005 08:29 AM

Re: living situations

we will probably live in an apt near whatever UNC grad school i get into and later purchase a home when i get a job after school. i can't see buying a house before knowing what school district i will work in (i am going for school counseling). we are gonna relocate to NC bc we would never be able to afford the life we want on LI. right now we rent and i do not see a problem with renting before you are ready and able to buy a home. ~lacey

FallBride05 Posted: Nov 06, 2005 08:39 AM

Re: living situations

We bought a house after we got engaged.

Mrs. dleeny Posted: Nov 06, 2005 08:42 AM

Re: living situations

after the wedding (today! ) and the dust settles, FH and I will be looking for a new place. I am hoping that we can afford to buy at least a townhouse.

J&D 09/16 Posted: Nov 06, 2005 08:57 AM

Re: living situations

We're renting a townhouse right now. but once the wedding is over we will begin to start looking seriously. We are debating if we will stay here or move down to the Philly area.

gigles319 Posted: Nov 06, 2005 11:08 AM

Re: living situations

i'm against renting, we will buy a condo

christy Posted: Nov 06, 2005 11:14 AM

Re: living situations

I am impressed that so many of you are buying homes while planning a wedding. There was no way we could have paid for both. We lived in an apartment in my grandfather's house for 5 months after we got married (rent free) sooooooo nice! Then we bought our condo. Now 2 years later we are starting to look for a house. Good luck to all!